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Author Question: You have just borrowed 20,000 to buy a new car. The loan agreement calls for 60 monthly payments of ... (Read 71 times)

bobbysung

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on: Jul 10, 2018
You have just borrowed 20,000 to buy a new car. The loan agreement calls for 60 monthly payments of 444.89 each to begin one month from today. If the interest is compounded monthly, then what is the effective annual rate on this loan?
 
  A) 12.68
  B) 14.12
  C) 12.00
  D) 13.25
  E) 15.08

Question 2

Two projects are mutually exclusive if the accept/reject decision for one project has no impact on
  the accept/reject decision for the other project.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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mk6555

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Reply #1 on: Jul 10, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobbysung

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

lcapri7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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